What is KOLD?
KOLD is 2x bear Natural Gas ETF that moves based on the price of Natural Gas futures.
Natural Gas futures shot up to insane levels this year, and we believe that natural gas prices will drop very quickly.
Natural gas futures usually rally 3-4 months before winter starts.
This is because energy providers across the world are trying to price in a good deal for when the winter season comes.
Now that winter is here and will be over quickly due to global warming, Natural Gas prices are dropping fast.
Making KOLD gain quickly.
We've been buying KOLD since it was $7, and slowly adding in at $8,$11,$12.
We will be adding more as this is one of our biggest positions.
KOLD is 2x bear Natural Gas ETF that moves based on the price of Natural Gas futures.
Natural Gas futures shot up to insane levels this year, and we believe that natural gas prices will drop very quickly.
Natural gas futures usually rally 3-4 months before winter starts.
This is because energy providers across the world are trying to price in a good deal for when the winter season comes.
Now that winter is here and will be over quickly due to global warming, Natural Gas prices are dropping fast.
Making KOLD gain quickly.
We've been buying KOLD since it was $7, and slowly adding in at $8,$11,$12.
We will be adding more as this is one of our biggest positions.